Yerevan/Mediamax/. “SAP’s Arrival in Armenia” business forum is taking place in Yerevan today. At the forum, representatives of SAP-CIS present their solutions for business automation to Armenian companies.

Mediamax reports that, presenting the company, General Director of SAP in CIS countries Vladislav Martinov stated that SAP is a global leader in the sphere of business automation, servicing over 100 thousand enterprises and state establishments in 120 countries worldwide.

He informed that the company has been already functioning for 35 years and annually invests €1bln in research projects, directed at business development. According to him, the share of SAP in Russian market of business automation exceeds 50%, and the share of the German Company in the global market twice exceeds the market of its main competitor American Oracle company. “Let’s note that according to our calculations, 65% of global GDP is produced on the platform of our products”, Vladislav Martinov stated.

According to him, the decision to enter the Armenian market was made taking into account the fact that Armenia has good prospects of growth in IT sector and at that the country has productivity of labor (6-7 times lower than in the USA and EU). “We see demand for services in Armenia on increasing companies’ labor productivity and we are ready to render assistance in optimizing business processes, which as a result will lead to growth of competitiveness of economy in general”, SAP-CIS General Director stated.

“Shirak Technologic Company” LLC is the partner of SAP in Armenia.